Acer Signs $8 Billion Pact
To Buy IBM Equipment

By

Alec Klein Staff Reporter of The Wall Street Journal

Updated June 8, 1999 12:01 a.m. ET

International Business Machines Corp., expanding its business as a supplier of technology parts, said it reached an agreement it expects will increase sales to Acer Inc. to $8 billion over seven years.

Under the agreement, IBM said it expects to increase sales to Acer of disk drives and also to supply microelectronics, networking hardware and display technology to the Taiwanese company.